SolarCity Shutdown Might Be Good For Tesla And Musk After All
Along with changing its name from Tesla Motors to Tesla Inc., the electric carmaker will also be eliminating the SolarCity brand. As what has been recently reported, Tesla Motors has officially changed its name to Tesla Inc., in relation towards reflecting its broader business interests.
However, that isn't the only big story regarding name changes at the company.
Why Will SolarCity Disappear?
Sooner than later, the largest name in residential solar will also disappear. According to a statement on TheSeatleTimes, in the near future, both PV systems and the new Solar Roof will all be marketed under the lone Tesla brand, and that the SolarCity brand will disappear altogether.
This announcement came just two months after Tesla's shareholders have voted to acquire SolarCity. Tesla states that while its prior goal was to accelerate the transition towards sustainable mobility, its new goal now is "accelerating the transition towards sustainable energy production".
California Factory Will Also Shut Down
In other news, Tesla will also shut down its Fremont, California, factory for a week this February in order to prepare the assembly line for its highly anticipated midmarket electric car, the Tesla Model 3, According to a report from AikenAdvocate. "This move will enable Tesla to finally begin production for the Model 3 later this year as planned, and it will enable us to start the ramp toward 500,000 vehicles annually in 2018," a company representative said last week.
The Strive Towards Promoting Electric Cars
There is no exaggeration towards saying that the success or failure of the Model 3 will truly mark as a key event in automotive history. Electric cars have been around ever since the first invention of the automobile, but they have yet to catch on with the general public.
Of more than 17 million cars sold in the United States last year, only less than 1 percent were pure electric cars. But that's one point where Tesla is trying to alter the events.
Elon Musk Prepares For First Tesla Supercharger In The Middle East
Reports on Tesla opening in UAE has already been spread. Now, it has been reported that the company is taking the next step towards its expansion to the Middle East by installing its chargers all over Dubai.
Tesla Model 3 Pre-production Ongoing, To Launch On Q4 2018
The Tesla Model 3 is scheduled to release in the nearest future, with pre-production ongoing and will be lasting for the huge chunk of this year.
Adidas Battles Trademark Rights Against Tesla, 'Model 3' Logo Subject Of Scrutiny
Adidas has filed a challenge against Tesla's recently revealed Model 3 logo. This is after the apparel company claimed that the Model 3 logo looked pretty much the same as their three stripes logo, which, according to them, could potentially cause confusion and deception.
Is Elon Musk's "Off Twitter" for Good?
In a recent Tweet by Elon Musk, the Tesla and SpaceX CEO said he is going to be "off Twitter." Is this going to be for good?
Honda Civic Gets Dethroned by Tesla Model 3 as the Top-Selling Car in California
The Honda Civic is no longer the top-selling car in California. The Tesla Model 3 now gets the championship!
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